Mah Sing unveils M Cora mixed development near upcoming LRT Station
Mah Sing Group Berhad (Mah Sing) today announced plans for M Cora, a RM528 million gross development value (GDV) mixed development strategically located just 450 metres from the upcoming Mutiara LRT Line’s Bandar Sri Pinang Station. This prime site near Karpal Singh Drive offers seamless connectivity across Penang Island and to the mainland via Penang Sentral, underscoring Mah Sing’s focus on developing well-connected urban communities.
The project is situated on a 2.83-acre site acquired from the Penang Development Corporation (PDC) for RM51.8 million. The signing ceremony held today, witnessed by the Penang Chief Minister, YAB Tuan Chow Kon Yeow, underscores the State Government’s confidence in Mah Sing’s proven track record and its alignment with Penang’s vision of sustainable growth, economic inclusivity, community empowerment, and the adoption of smart technologies to enhance overall quality of life. Also present were Mah Sing’s Group Chief Executive Officer and Executive Director, Dato’ Voon Tin Yow, and Dato’ Mohammad Azhar bin Hamdan, Senior Deputy Chief Executive Officer of Penang Development Corporation (PDC). The sale and purchase agreement was officially signed between Mah Sing’s Chief Executive Officer Property Subsidiaries, Yeoh Chee Beng and Deputy Chief Executive Officer of PDC, Tuan Haji Sr. Roslan bin Hassan. The event underscored the State Government’s strong support and commitment towards fostering strategic partnerships that drive sustainable growth and development in Penang.
Expanding Presence in Penang
M Cora marks Mah Sing’s fourth land acquisition for 2025 and builds upon the Group’s successful track record in Penang since 2009. Planned as a mixed development featuring condominiums and commercial suites, the project targets a diverse range of buyers including first-time homeowners, working adults, families, and investors seeking long-term value. Subject to authorities’ approval, M Cora will offer two-bedroom condominiums with indicative built-up areas of approximately 904 sq ft to 1,015 sq ft. The commercial suites will feature three layout options with indicative sizes of 450 sq ft, 660 sq ft, and 750 sq ft. M Cora is expected to be launched in the second half of 2026 with indicatively priced from RM426,000.
Long-Term Commitment to Penang
Mah Sing Group Berhad continues to strengthen its presence in Penang with M Cora, reflecting the Group’s confidence in the state’s growth potential and long-standing partnership with the Penang Government.
Founder and Group Managing Director Tan Sri Dato’ Sri Leong Hoy Kum said the project reaffirms Mah Sing’s nearly two-decade commitment to Penang and aligns with its strategy of investing in high-growth, well-connected locations. “With its prime location and upcoming LRT access, M Cora is poised to become a new benchmark for mixed-use urban living on Penang Island,” he said.
He added that Mah Sing will continue to acquire strategic landbanks across Malaysia to sustain growth and meet evolving market demand. Supported by strong financial discipline and execution capabilities, the Group is well-positioned to act swiftly on opportunities with long-term value potential.
Penang: A Trusted Market for Mah Sing
Mah Sing’s track record in Penang began in 2009 with its Southbay township in Bayan Lepas, comprising fully sold developments such as Residence@Southbay, Legenda@Southbay, Southbay Plaza, The Loft, and M Vista. The Group later expanded to Batu Ferringhi with Ferringhi Residence and Ferringhi Residence 2, where Tower B is already 89% sold. These projects, along with the approved North Coastal Paired Road (NCPR), continue to enhance accessibility and strengthen Mah Sing’s northern portfolio.
M Cora follows the successful launch of M Zenni in Southbay, a 33-storey, RM309 million GDV residential tower offering 494 units starting from RM480,000.
Located just 450 metres from the upcoming Bandar Sri Pinang LRT Station, M Cora offers seamless access to the 29.5km Mutiara LRT Line, linking key destinations such as the Penang International Airport, USM, Komtar, and Penang Sentral. Surrounded by mature developments and key amenities, M Cora is designed to deliver modern, connected city living for professionals, families, and investors alike.
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DISCLAIMER: This article is solely based on research done using publicly available data at the time of publication. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.



















